Reduction Schedule definition

Reduction Schedule means the schedule of Commitment Reduction Dates as detailed in Schedule 7 (Reduction Schedule) to be replaced as required in accordance with Clause 5.3.
Reduction Schedule. None Sector: All Sectors Subsector: Industrial Classification: Type of Reservation: National Treatment (Article 4, Annex Investments) Senior executives and Boards of Directors (Article 9, Investments Annex) Measures: As rated by the item Description Description: Investment
Reduction Schedule. None Sector: All sectors Subsector: Industrial Classification: Type of Reservation: National Treatment (Article 11.03) Measures: Decree with Force of Law 1 of the Ministry of Labor and Social Security, Official Gazette, January 24, 1994, Labor Code, Preliminary Title; Book I, Chapter III.

Examples of Reduction Schedule in a sentence

  • The AD&D Benefit is equal to a percentage of the AD&D Insurance Amount in effect on the date of the Accident, subject to the AD&D Reduction Schedule provision set forth in the “Schedule of Benefits”.

  • In case of delay in supply/ execution of contract, supplier/ contractor/ service provider should raise invoice for reduced value as per Price Reduction Schedule Clause (PRS clause).

  • The decision of the ENGINEER-IN-CHARGE in regard to applicability of Price Reduction Schedule shall be final and binding on the CONTRACTOR.

  • In case of delay in supply/ execution of contract, supplier should raise invoice for reduced value as per Price Reduction Schedule Clause (PRS clause).

  • Reduced Compensation: Should the inspection show the item(s) remain in non-compliance, the Contractor's monthly compensation will be reduced in accordance with the Daily Compensation Reduction Schedule included under Compensation.


More Definitions of Reduction Schedule

Reduction Schedule. None Sector: Automotive Subsector: Industrial Classification: Type of Reserve: Performance requirements (article 8, Annex Investments) Measures: Law 18.483, Official Gazette, December 28, 1985, Legal Regime for the Automotive Industry. Description: Investment In order to obtain the benefits established in Law 18,483, it is required to be registered with the Automotive Commission and to comply with the minimum percentages of national integration in said law.
Reduction Schedule. None Sector: Professional Services Subsector: Legal Services Industrial Classification: CPC 861 Legal services Type of Reservation: National Treatment (Article 11.03) Most-favored-nation treatment (Article 11.04)
Reduction Schedule. None Sector: Transportation Subsector: Water transportation Industrial Classification: CPC 721 Transportation services by vessels of CPC 722 maritime navigation Freight transportation Type of Reservation: National Treatment (Articles 4, Annex Investments and 11.03) Most-favored-nation treatment (Articles 5, Annex Investments and 11.04) Local presence (Article 11.06) Senior executives and Boards of Directors (Article 9, Investments Annex) Measures: Decree Law 3.059, Official Gazette, December 22, 1979, Merchant Marine Development Law, Titles I and II. Supreme Decree 24, Diario Oficial, March 10, 1986, Regulation of Decree Law 3.059, Titles I and II. Decree Law 2.222, Official Gazette, May 31, 1978, Navigation Law, Titles I, II, III, IV and V. Supreme Decree 153, Official Gazette, March 11, 1966, Approves the General Regulations for the Registration of Seafarers, River and Lake Personnel. Code of Commerce, Book III, Titles I, IV and V. Law 19,420, Official Gazette, October 23, 1995, Establishes incentives for the economic development of the provinces of Arica and Parinacota and modifies the legal bodies indicated therein, Title Miscellaneous Provisions.
Reduction Schedule. None Sector: Transportation Subsector: Water transportation Industrial classification: CPC 721 Transportation services by watercraft CPC 722 maritime Freight transportation Type of Reservation: National Treatment (Articles 4, Annex Investments and 11.03) Local presence (Article 11.06) Senior executives and Boards of Directors (Article 9, Investments Annex) Measures: Commercial Code, Book III, Titles I, IV and V. Decree Law 2.222, Official Gazette, May 31, 1978, Navigation Law, Titles I, II and IV. Description: Cross Border Trade in Services and Investment Ship agents or representatives of ship operators, owners or captains, whether natural or juridical persons, must be Chilean nationals. Stevedoring and unstowage agents or wharfage companies, who totally or partially mobilize the cargo between the vessel and the port premises or means of land transportation and vice versa, shall also comply with this requirement. All those who disembark, transship and, in general, make use of Chilean continental or insular ports, especially for fishing catches or fishing catches processed on board, must also be Chilean legal or natural persons.
Reduction Schedule. None Sector: Transportation Subsector: Road transportation Industrial Classification: CPC 712 Other land transport services Type of Reservation: National Treatment (Article 11.03) Most-favored-nation treatment (Article 11.04) Local presence (Article 11.06) Measures: Supreme Decree 212 of the Ministry of Transport and Telecommunications, Diario Oficial, November 21, 1992. Decree 163 of the Ministry of Transportation and Telecommunications, Official Gazette, January 4, 1985. Supreme Decree 257 of the Ministry of Foreign Affairs, Diario Oficial, October 17, 1991. Description: Cross-border trade in services Providers of land transportation services must register in the National Registry by means of an application to be submitted to the Regional Ministerial Secretary of Transportation and Telecommunications. In the case of urban services, the interested parties must submit the application to the Regional Secretary with jurisdiction in the locality where the service will be provided and, in the case of rural and interurban services, in the region corresponding to the domicile of the interested party. The application for registration must specify the information required by law and attach, among other information, a photocopy of the national identity card, authenticated, and in the case of legal entities, the public instruments evidencing their incorporation, name and domicile of the legal representative in the case of legal entities and the document evidencing it as such. Foreign natural or juridical persons authorized to carry out international transportation in the territory of Chile may not carry out local transportation services or participate, in any way, in such activities within the national territory. Only companies with real and effective domicile and created under the laws of the following countries may provide international land transportation services between Chile, Argentina, Bolivia, Brazil, Peru, Uruguay and Paraguay. Additionally, in order to obtain a permit to provide international land transportation services, in the case of foreign legal entities, more than half of their capital and effective control of such legal entities must belong to nationals of Chile, Argentina, Bolivia, Brazil, Peru, Uruguay or Paraguay.
Reduction Schedule. None Sector :All sectors Subsector: Industrial Classification: Type of Reservation: National Treatment (Article 9-03) Level of Government: Federal Measures: Foreign Investment Law, Official Gazette, December 27, 1993, Title VI, Chapter III. Description: Investment The National Foreign Investment Commission (CNIE), in order to determine the convenience of authorizing the applications submitted for its consideration for the acquisition or establishment of investments in the restricted activities, in which such authorization is required, in accordance with this Annex, shall take into account the following criteria: a) the impact on employment and worker training; b) technological contribution; c) compliance with the environmental provisions contained in the ecological ordinances governing the matter; or d) In general, the contribution to increasing the competitiveness of Mexico's productive plant. The CNIE, when deciding on the merits of an application, may only impose Performance Requirements that do not distort international trade and that are not prohibited by article 9-06 (Performance Requirements).
Reduction Schedule. None Sector: All sectors Subsector: Industrial Classification: Type of Reservation: National treatment (Article 9- 03) 251 Level of Government: Federal Measures: Foreign Investment Law, Official Gazette, December 27, 1993, Title I, Chapter III. As qualified by the element Description. Description: Investment A favorable resolution of the National Foreign Investment Commission (CNIE) is required for Mexican companies in which the foreign investment intends to participate, directly or indirectly, in a proportion greater than 49 percent of their capital stock, only when the total value of the assets of the companies in question, at the time of submitting the acquisition request, exceeds the applicable threshold.